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Month: May 2024

Posted on 30/05/2024

Hongkong Land Strengthens Sustainability Performance Through Dynamic Collaborations

Reduced Scope 1 and 2 carbon emissions by 29% against a 2019 baseline, over the halfway line of the 2030 science-based carbon reduction target 94% of Hongkong Land's wholly-owned leasing portfolio across Asia has achieved green building certification.

Posted on 30/05/2024

Josip Heit: The Visionary Behind Innovative Business Ideas, an Interview with THE HONGKONG TELEGRAPH

Josip Heit: The visionary behind innovative business ideas, an interview with "THE HONGKONG TELEGRAPH"

Posted on 29/05/2024

BOC Hong Kong (BHKLY) Is a Great Choice for ‘Trend’ Investors, Here’s Why

BOC Hong Kong Ltd. (BHKLY) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors. A solid price ...

Posted on 29/05/2024

Singapore’s OCBC investing US$192 million in Hong Kong, Macau to support business growth, CEO Helen Wong says

The Singaporean lender’s digital banking capability will increase substantially and lead to greater use of AI and machine learning in its products and services, CEO Helen Wong says.

Posted on 29/05/2024

DBS Expands HK Private Banking Headcount by 25% on Better Flows

DBS Group Holdings Ltd. is hiring more private bankers in Hong Kong where the bank is increasingly attracting money from both mainland China and Taiwan, North Asia business head Sebastian Paredes said ...

Posted on 29/05/2024

Are Western travellers avoiding Hong Kong over fears of ‘political dangers’? City’s tourism drive faces many hurdles: experts

Negative media coverage abroad, harsh pandemic restrictions have combined to deter visitors, experts sayEfforts to attract visitors are up against US, UK and Canada travel advisories that scare citize

Posted on 29/05/2024

Who are the 47 democracy activists facing jail in Hong Kong?

But many like Owen Chow, Ventus Lau and Tiffany Yuen represented a new generation of vocal activists. Mr Lau and Mr Chow were among hundreds who stormed the city's Legislative Council (LegCo) and ...

Posted on 29/05/2024

Hang Seng Indexes Co.: HSI Surges 10% YTD; Materials, Energy Sectors Outperform

Hong Kong's stock market increased YTD, and reached a nearly 10-month high in May before erasing some of the gains, according to the Hang Seng Indexes Company. The HSI, a broad-based gauge of the ...

Posted on 29/05/2024

Hong Kong’s investment bankers kicked to the curb as lenders tighten belts

Banks in Hong Kong have ramped up layoffs of investment bankers in the city as they contend with a double whammy of slowing initial public offerings (IPOs) and mergers & acquisitions (M&A), analysts ...

Posted on 29/05/2024

OCBC doubles down on Greater China growth, aims to invest HK$1.5 billion into its tech and facilities in the region

OCBC is banking on China’s improving economic condition and resultant positive spillovers into Asia as key growth drivers, as it plans further investments into its services across the Greater China ...

Posted on 29/05/2024

Hong Kong home prices rise 0.3% in April from March

In late February, Hong Kong removed all additional stamp duties for foreign and second home buyers, as well as on those selling flats within two years of buying them, after prices had plunged 20 per ...

Posted on 29/05/2024

Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,’ Colliers researcher says.

Posted on 29/05/2024

Hong Kong Stocks Open With Fresh Losses

Hong Kong shares fell at the beginning of business Wednesday on concerns about the likelihood the Federal Reserve will cut interest rates at all this year.

Posted on 29/05/2024

OCBC to invest HK$1.5 bil into tech and facilities across Greater China, hire 300 software engineers in China

In addition, Bank of Singapore’s Hong Kong branch aims to grow AUM by 50% by 2026, compared to end-2023 figures.

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